Ep. 515 Coinbase VS Binance & The Bitcoin $25,000 Resistance Point
CRYPTO 101
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Bitcoin Market Cap Could Be Flipped by Ethereum Over the Long Term
Right now, Bitcoin has a market cap of 450 billion dollars and Ether is at 200 billion dollar. Bryce: What's the price level that Ethereum needs to hit in terms of Bitcoin to actually flip it in market cap? Is it something like point two somewhere around there? Maybe basically a 4x from here 3x maybe. That's a good question because Bitcoin would be moving as well. And so you know ifthereum doubles and gets it to 400 I don't think that scenario happens if Bitcoin doesn't also go up by you know 50% or 75% right.
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